Financial aid is simply money that is used to help cover your educational expenses at D&E. It comes in two forms: gift and self-help aid. Gift aid is money that does not require repayment. Examples of gift aid include Federal Pell Grants and D&E scholarships. Self-help aid is aid that is either earned through work or borrowed through student loans that must be repaid. Self-help aid can help you to gain valuable work and financial experience while also helping to cover your educational expenses. Federal Work-Study and Federal Direct Loans are both examples of self-help aid.
Davis & Elkins offers a complete range of financial aid services and financial assistance programs. Approximately 98 percent of our students receive scholarships and/or some type of financial assistance. The average financial aid package is well over $30,000 from all sources. The purpose of the College’s financial aid program is to help students and their parents identify all the sources of assistance and funding for which they are eligible. Types of financial assistance vary according to the source of funding, whether it is federal, state, institutional or private agency.